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Infinity Dollar Long Term Bond Fund UITF
A dollar-denominated long term bond fund that aims to maximize the returns of the investors by investing in various fixed income securities.  
Investment Policy Statement
Minimum Investment $ 10,000
Succeeding Contributions Any amount may be contributed in the succeeding investments.
Risk Parameters Credit Risk – LOW
  • Invested primarily in government securities and investment-grade corporate bonds
Market Risk – HIGH
  • Macaulay Duration1 Limit: More than 5 years
Time Horizon Ideal for investors with long-term investment horizon
  • 180-day minimum holding period
  • Early redemption fee of $ 10 or 0.25% on redeemed amount, whichever is higher
Valuation Methodology Mark-to-market2 value of the fund re-valued daily less fees and applicable taxes.
Trust Fee 1% p.a. based on the net asset value of the fund, computed daily and deducted at least monthly
Withholding Tax Subject to regular withholding tax of 20% on interest income
Regulatory Subject to Bangko Sentral ng Pilipinas regulations governing the creation, administration and investments of Unit Investment Trust Funds as outlined in BSP Circular 593 Series of 2008 and Section UX410 of the Manual of Regulations for Banks
Acceptance and Withdrawal Procedure Investments into the fund may be accepted on any banking day, at the prevailing NAV per unit.  All investments and withdrawals should be processed before 12 noon.  Withdrawals will be funded one (1) banking day after the date of transaction.
Account Opening Procedures
  • Accounts may be opened at any East West Bank branch
  • Only cleared funds are acceptable for investment
  • Investments and withdrawals may be made at your designated East West Bank branch
Documentary Requirements Prior to making an investment, investor will be required to submit the following documents:
  • Duly accomplished Account Opening Form
  • One (1) valid identification document to establish the investor's identity
  • Two (2) duly accomplished signature cards containing the specimen signature of the investor
  • Investor Risk Profiling Questionnaire
  • Investment Declaration form
  • Risk Disclosure Statement
  • Duly Signed Participating Trust Agreement

Additional documentary requirements for Corporate Accounts:

  • Two (2) duly accomplished signature cards containing the specimen signatures of authorized signatories and validated by the Corporate Secretary
  • An original Notarized Secretary's Certificate or Board Resolution authorizing the corporation to open an account and investment in East West Bank – Trust Division's products and the designated officers authorized to sign for and in behalf of the corporation
  • Copy of SEC Registration
  • Copy of Articles of Incorporation and By-Laws

1Macaulay Duration is defined as the weighted average term to maturity of the present value of the bond’s cash flows and is used to measure the sensitivity of a bond’s price to changes in interest rates.

2Mark-to-market refers to the revaluation of all the investments of the fund daily based on the price of the tradable investment securities in the financial markets.

All Unit Investment Trust Funds (UITFs) are regulated by the Bangko Sentral ng Pilipinas.  UITF investments are not deposit products and are not covered by the Philippine Deposit Insurance Corporation. Due to daily marking-to-market of investments, the price or the net asset value per unit of the UITF’s may fluctuate depending on the prevailing market conditions. Historical returns of the Funds are for indication purposes only and are not guarantee of future results.  Any income or loss that may result from the performance of the Funds shall be for the account of the investor.

 Notice:  BSP Circular 593 requires that prior to investing in UITF's , a client should undergo a Client Suitability Assessment (CSA) to determine what UITF is best suited to his/her investment objectives, risk tolerance, preferences and experience. The CSA should be updated whenever the characteristics, preferences or circumstances of the client change or at least once every three years, provided that if the client does not notify the trust institution of such change, he/she is deemed to have waived his/her right for a new CSA for the prescribed period.

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